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Crude Cotton And Cotton Rose &Nbsp And PTA Rose.

2011/6/3 17:35:00 66

Mei Cotton PTA

Zhengzhou PTA futures June 3rd early morning market high open adjustment. The main contract 1109 opened 9660 yuan / ton, closing 9640 yuan / ton, up 42 yuan / ton, turnover 340300 hands, holding 258326 hands. Overnight crude oil has gone up slightly, and cotton on the outside has continued to rise, supporting PTA to rebound. In terms of supply and demand, the new PTA capacity will be launched in June. The downstream polyester market will be affected by the demand for orders in the Canton Fair for a short time, and production and marketing will be slightly improved, but the subsequent consumption capacity is uncertain. And domestic inflation pressures remain, and the market expects to raise interest rates again in June or July. The foundation of the recent rebound is not solid, and the market environment does not have the conditions of big reversal temporarily. PTA has no way to break through.


New York commercial Futures Exchange (NYMEX) Crude oil futures On the 3 day, the Asian electronic disk continued to rise due to the weakness of the US dollar, and the market waited for the US non farm employment data released later today. As of 11:30 Beijing time, NYMEX crude oil futures rose 0.17 US dollars to 100.57 US dollars per barrel in July. Some analysts said that the recent weak U. S. economic data made the market more worried about the possible slowdown in the US economy, and the non-agricultural employment data is the focus of the market.


On the data side, the US Labor Department released data in June 2nd, indicating that the number of unemployed Americans in the early May 28th of May 28th decreased by 6000 to 422 thousand, which is expected to be 415 thousand. The US Department of Commerce released the report in June 2nd, April factory. Order It fell 1.2% from last month to 440 billion 370 million US dollars, and is expected to drop 1%. Factory orders in April were the largest in nearly a year.


On the spot side, at present, East China Domestic market The offer is mostly 9700 yuan / ton. At present, the market negotiations have been held at around 9600 yuan / ton, and heard that there has been a real single conclusion. In the US gold plate, Taiwan's supply and demand market is fragmentary at 1220-1225 US dollars / ton, with a turnover of around 1210 us dollars / ton. The negotiation is expected to be maintained at 1210-1215 US dollars / ton.


The downstream market, East China direct spinning polyester, short price stable, unchanged from yesterday, the factory price of individual manufacturers to 12650 yuan / ton, downstream enquiries generally, Jiangsu and Zhejiang general cash buyout to the transaction price of 12650-12700 yuan / ton. East China market polyester market continues to go up, manufacturers price increase range of 50 yuan / ton. The downstream market demand started, and polyester was enlarged. In other respects, PET chips increased from 75 to 11900. MEG rose sharply after fourth days and dropped 300 to 9350 yesterday.

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